Acquiring Company
Parker-Hannifin Corporation
Acquired Company
CIRCOR International
ClevelandBurlingtonManufacturingSoftwareAerospaceManufacturingDescription
Parker-Hannifin Corporation is set to acquire CIRCOR International Inc.'s Commercial and Defense Aerospace business for USD 2.55 billion in cash. The acquisition will be supported by a new USD 5.0 billion revolving credit facility to enhance financing flexibility. The deal is subject to closing conditions and is part of Parker-Hannifin's broader strategy to strengthen its aerospace capabilities.
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Based on deal dataFrequently asked
Who acquired CIRCOR International?
CIRCOR International was acquired by Parker-Hannifin Corporation, based in Cleveland. The deal was reported on September 9, 2026. Parker-Hannifin is a global leader in motion and control technologies. Established for over a century, the company enables engineering breakthroughs contributing to a better tomorrow. Parker-Hannifin Corporation is publicly traded (PH) and operates in Manufacturing.
When did Parker-Hannifin Corporation acquire CIRCOR International?
Parker-Hannifin Corporation's acquisition of CIRCOR International was reported on September 9, 2026. Parker-Hannifin Corporation is set to acquire CIRCOR International Inc.'s Commercial and Defense Aerospace business for USD 2.55 billion in cash. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does CIRCOR International do?
CIRCOR International, Inc. designs, manufactures and markets differentiated flow control products and sub-systems for Aerospace & Defense and Industrial customers. It is privately held, operating in Manufacturing, and is based in Burlington.
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